CF Industries ready to move on ammonia facility purchase
CF Industries Holdings, Inc. is now ready to move forward with the closing of its acquisition of Incitec Pivot Limited’s (IPL) ammonia production complex...
New Orleans-based IMTT sells five U.S. terminals
New Orleans-based International-Matex Tank Terminals has sold five of its U.S. terminals to JET Infrastructure, a Colorado firm that stores and transport jet fuel,...
Chevron’s latest acquisition is the second buyout among major producers this month
Chevron is buying Hess Corp. for $53 billion, but even with that price tag, it’s not the biggest acquisition in the energy sector this...
ExxonMobil doubles down on fossil fuels with $59.5B deal
ExxonMobil is buying Pioneer Natural Resources in an all-stock deal valued at $59.5 billion―its largest buyout since acquiring Mobil two decades ago―creating a colossal...
Port of South Louisiana, HOST present vision for Avondale Global Gateway Development
As the Port of South Louisiana (PortSL) and HOST move forward with the sale of Avondale Global Gateway and their joint efforts to further...
Port of South Louisiana in final talks to buy Avondale; officials tight-lipped on price
The Port of South Louisiana said last week that it has completed its due diligence and is in final negotiations with T. Parker Host...
K&B expands advanced manufacturing division with Houma acquisition
K&B Industries plans to expand its advanced manufacturing division by establishing a new production base in Houma, reports Area Development. The $12 million project is...
Port of South Louisiana to renegotiate price for Avondale after studies on ‘feasibility’
The Port of South Louisiana will return to the negotiating table over its proposed purchase of the Avondale Global Gateway, a sign that the controversial...
ExxonMobil’s hunt for a fracking acquisition signals industry shift in the oil patch
ExxonMobil’s hunt for a blockbuster deal in U.S. shale could kick off a bonanza of deal-making in the oil patch as drillers look to...
Bunge to acquire Fuji Oil refinery at Avondale Terminal
Bunge, a global leader in agribusiness, food and ingredients, announced that it has entered into a purchase agreement with Fuji Oil New Orleans LLC...
